Posts Tagged ‘Contractual Agreement’

Do I have a case for fraud if my former partner declares bankruptcy?

Stony asked:


My former partner has defaulted on our contractual agreement in which he is required to pay me $35,000. He put up collateral but sold and/or damaged some of it. He has filed bankruptcy because he has no money. Is his selling and/or damaging collateral give me a case for fraud so that he can be forced to eventually pay me what he owes?

bankruptcy